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What is expected weighted average contribution margin rate

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Reference no: EM132687625

Question - X Company estimates the following for its only two products for 2020 - X and Y:

 

x

y

Unit sales

3,350

730

Selling price

$9.20

$38.70

Variable cost

$6.90

$25.90

Total fixed costs in 2020 are expected to be $16,800. What is the expected weighted average contribution margin rate in 2020 (rounded to two decimal places)?

Reference no: EM132687625

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